DSK Bank

At the end of March 2023, the deposits of the non-governmental sector in Bulgaria were close to BGN 119 billion (67.3 percent of GDP), and their annual increase was 13.1 percent, reports the Bulgarian National Bank (BNB).

As of February, the growth of this type of savings was 14.3 percent on an annual basis.

The deposits of non-financial enterprises, households and not-for-profit organizations servicing households held in commercial banks by the end of December 2020, amounted to a total of BGN 90.3 billion, up by 10% set against a year earlier, BNB reported on Wednesday. There were a total of 9.9 million deposits, down by 2.5% compared to the end of 2019.

The bank's profit for the eleven months of 2020 amounted to BGN 866 million, reports the Bulgarian National Bank.

National bank will release gold coin "Rozhdestvo Hristovo".

As of December 7, 2020, the Bulgarian National Bank will release a gold commemorative coin on the theme of "Rozhdestvo Hristovo" (Birth of Christ) from the series "Bulgarian Iconography". The price of the coin is 1300 BGN.

From 11 May 2020 the Bulgarian National Bank will release into circulation a partially gold-plated silver commemorative coin '100 Years of University of National and World Economy', BNB reported.

It will be sold for BGN 72 (seventy two levs).

From 6 January 2020 the Bulgarian National Bank will release into circulation a copper commemorative coin '125 Years since the Birth of Geo Milev' of the 'Bulgarian Artists' series.

It will be sold for BGN 24 (twenty four levs).

The problem of negative interest rates directly damages the business in our country. Big banks in Bulgaria have been getting a hefty "fee" for about a year to maintain large corporate deposits, it is clear from their tariffs, a Mediapool check shows.

With the record low-interest rate on the Bulgarian banking market, lending is growing towards the end of the first half of 2019. Despite the lower yields on deposits, they are also increasing towards the end of July, according to the Bulgarian National Bank (BNB).

The assets of banks in Bulgaria are getting closer to the size of gross domestic product, and by the end of last year they are now equivalent to 97.8% of the country's economy.

The change of ownership will not change the activities of the two banks in the short term, Chief Executive Officer and Chairperson of the Management Board of DSK Bank Violina Marinova toldFocus Radio.